Waga Energy, the European specialist in the production of Renewable Natural Gas (RNG) from landfill gas, has reported its 2021 results for the fiscal year ended on December 31, 2021, approved by the company’s Board of Directors on April 29, 2022. The year 2021 was marked by a successful IPO on Euronext Paris (EPA), eight new contracts, including three in North America, a new subsidiary in Spain, and an increase in business development activities made possible by the additional capital from the IPO. Based on 2021 performance, Waga Energy is in a strong position to confirm its target of 100 WAGABOX(R) units in operation by the end of 2026 and annual revenue of €200 million.
Waga Energy CEO Mathieu Lefebvre said, “The year 2021 was exceptional for Waga Energy. Our international projects ramped up and we launched a successful IPO on Euronext Paris. We are now in an excellent position to hit our target of 100 WAGABOX(R) units in operation worldwide by the end of 2026. The units will produce around 4 TWh of Renewable Natural Gas, avoiding more than 700,000 tons of CO2 equivalent emissions. In the coming months, we will shift our primary focus to our organization and to our structuring to prepare for growth. We are determined and confident in our ability to continue to roll out our solution. Renewable Natural Gas is now widely accepted as one of the keys to the energy transition. And it can be used right now as a substitute for the fossil fuels responsible for environmental impacts and at the center of acute geopolitical tensions.”